Shell (SHEL) and Exxon Mobil's (XOM) Groningen field has been permanently closed, following a law passed by the Dutch Senate. However, the field still has substantial reserves remaining.
New Fortress (NFE) states that the power plant will provide firm power capacity under the 15-year capacity reserve contract, obtained from Denham Capital and CEIBA Energy.
In the latest trading session, SM Energy (SM) closed at $48.09, marking a +0.1% move from the previous day.